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Author Topic: Do you use a physical wallet?  (Read 938 times)
pilscoop (OP)
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September 25, 2015, 01:14:30 AM
 #1

What's your opinion on physical wallets?
Anybody use this one: https://www.keepkey.com/ ?
monbux
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September 25, 2015, 01:51:56 AM
 #2

Yes I do, I use the trezor and it meets my demands perfectly, I would suggest you getting one as well if you're looking for a hardware wallet... considering it's half the price of the keepkey wallet - it has the same functions as a trezor wallet.
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September 25, 2015, 02:00:29 AM
 #3

Trezor has been around much longer and the bugs have been worked out. KeepKey is pretty, but it can not do more for you than Trezor can. Also consider KeepKey does not work with Android yet. It probably will at a future date but that was not a priority of the developer. Trezor at $100 now looks like a bargain.

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September 25, 2015, 02:12:18 AM
 #4

No, I don't use one of those. Wanted to buy the wallet produced from Buterfly labs but then changed mind about this because of problems had from this company. I don't know even it is finished yet because in the times when I talk it was yet a project.
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September 25, 2015, 02:21:00 AM
 #5

I dont use a physical wallet and I dont think there's a need to. Android is already powerful enough to be a wallet. I have five cryptocurrency wallet on my Android phone and I'm looking to add more to it - one device, many wallets. With a strong password and backup of private keys, even if your phone is lost you can easily get back your cryptocurrency using your computer.

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September 25, 2015, 02:25:03 AM
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I dont use a physical wallet and I dont think there's a need to. Android is already powerful enough to be a wallet. I have five cryptocurrency wallet on my Android phone and I'm looking to add more to it - one device, many wallets. With a strong password and backup of private keys, even if your phone is lost you can easily get back your cryptocurrency using your computer.

Storing your private keys on an insecure Android phone is a rather large risk of theft. By switching over to the Mycelium wallet and using Trezor to sign your transactions your bitcoins are as secure as if you were using cold storage on a laptop.

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September 25, 2015, 02:27:55 AM
 #7

...

pilscoop

I would definitely keep the bulk of my BTC (that you do not plan to spend soon) on a hardware wallet.

I do not have a KeepKey, but I have a Trezor that I like very much.  I also have a Ledger Nano, same comment.  Both are great choices.

I agree with above remarks about smartphone wallets being insecure.  If you plan to keep, say, over 1 - 2 BTC, get a hardware wallet.  Look at LiteCoinGuy's thread that discusses hardware wallets.
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September 25, 2015, 02:30:25 AM
 #8

Sure I do...I mean my computer is phyiscal and has a wallet on it right?    Grin
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September 25, 2015, 04:29:54 AM
 #9

No I don't. I keep my coins in a cold storage and have various back-ups of it on paper (laminated) as well as other places and quite honestly until now I never felt any need to buy a physical wallet. Although, Paper wallets can be considered a physical wallet as well but other than that I don't see any reason to spend money on these gadgets.

I do a thorough check of my wallet back ups to see if there is any problems and up to now I have kept them pretty safe.

ausbit
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September 25, 2015, 04:49:14 AM
 #10

I use a Mycelium Entropy for my cold storage, it is designed to print paper wallets without the need for a computer so your private keys never need to touch the internet.
It's not really a hardware wallet but i like the fact that i don't have to worry about the devise crashing with my BTC on it.

I also have one for sale so if anybody is interested just send me a PM and we can discuss price.
dothebeats
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September 25, 2015, 07:57:18 AM
 #11

Currently looking to buy a Trezor wallet soon as I seen many people already submitting positive reviews about it. Also, as I see it, Trezor is a nice and pretty neat hardware to have, not to mention that it's also a great tool in keeping your coins safe and handy when you need it. Smiley

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September 25, 2015, 09:32:46 AM
 #12

I am not using a hardware wallet but interested in buying one, if the price is good that is.

Haven't heard of KeepKey wallet before. I watched the video in the site and did a search on google:
http://www.coindesk.com/keepkey-launches-new-bitcoin-hardware-wallet
http://www.coinbuzz.com/2015/09/23/keepkey-wallet-starts-shipping

To be honest, it looks chic and sexy. It doesn't inspire me to buy it because of the price: that is 1btc at today's price. Price is not the only consideration. I do not like browser extensions. I like hardware devices to function on it's own without software dependencies on a desktop computer. My idea of a hardware wallet should enable me to pay to an address displayed on a QR code on any media.
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September 25, 2015, 06:22:15 PM
 #13

What's your opinion on physical wallets?
Anybody use this one: https://www.keepkey.com/ ?

I'm not use it, but i'm interested to have one, especially keepkey and EliptiBox, i'm interested with their features and the security too.
monbux
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September 25, 2015, 09:31:43 PM
 #14

Trezor has been around much longer and the bugs have been worked out. KeepKey is pretty, but it can not do more for you than Trezor can. Also consider KeepKey does not work with Android yet. It probably will at a future date but that was not a priority of the developer. Trezor at $100 now looks like a bargain.
I'm looking at the keepkey some more and is anyone else thinking what I'm thinking... How long before the screen cracks and breaks?

Regarding the trezor, wait until black Friday, they tend to go on sale at that time of year.
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September 25, 2015, 09:35:56 PM
 #15

Does the paper wallet counts a physical wallet or not?
And about the trezor and "chase" no i am not using them but i hope that i will use one day in near future because they have good features and the security is great.
ausbit
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September 25, 2015, 11:28:36 PM
 #16

Does the paper wallet counts a physical wallet or not?
And about the trezor and "chase" no i am not using them but i hope that i will use one day in near future because they have good features and the security is great.
It's hard to tell if a paper wallet is consitered a wallet by oxford,

BrE /ˈwɒlɪt/  ; NAmE /ˈwɑːlɪt/  , /ˈwɔːlɪt/
(North American English also billfold) a small flat folding case made of leather or plastic used for keeping paper money and credit cards in
You do keep money (BTC) on a paper wallet and could fold it  but it wont hold cards. I cant decide yet.
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September 26, 2015, 05:48:18 AM
 #17

Does the paper wallet counts a physical wallet or not?
And about the trezor and "chase" no i am not using them but i hope that i will use one day in near future because they have good features and the security is great.

"people often use the term to mean any way of storing bitcoins offline as a physical document"
https://en.bitcoin.it/wiki/Paper_wallet

I thinking same, it's physical document which can store bitcoin offline, because the form is just paper.
lorylore
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September 26, 2015, 05:22:58 PM
 #18

Does the paper wallet counts a physical wallet or not?
And about the trezor and "chase" no i am not using them but i hope that i will use one day in near future because they have good features and the security is great.

"people often use the term to mean any way of storing bitcoins offline as a physical document"
https://en.bitcoin.it/wiki/Paper_wallet

I thinking same, it's physical document which can store bitcoin offline, because the form is just paper.

I think that it is contained in both digital and physical wallet.
Because we have the information in pc and we should print these information in a piece of paper.
So to the OP the answer is yes, but i am thinking to move to trezor or ledger in near future.
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September 26, 2015, 05:25:00 PM
 #19

no, I don't. I don't have that much btc to start using physical wallet. might use them later when i have the need for it but not now.
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September 26, 2015, 05:26:47 PM
 #20

Nope! i never tried any hardware wallet and even  never seen any hardware wallet. And i don't have enough money to buy a hardware wallet

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